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MARKETS / NYSE / UPS
NYSE · TRUCKING & COURIER SERVICES (NO AIR) · LARGE CAP

United Parcel Service Inc. UPS

19 fiscal years on record · USD · FY2025 reported · SEC filings only
4 YEARS OF DIVIDEND GROWTH
$88.7B
▼ 2.6% YoY
$5.6B
▼ 3.6% YoY
$4.8B
▼ 23.3% YoY
In brief

What this company does

UPS is a global package delivery and logistics provider. Its services include transportation and delivery through an integrated air and ground network, as well as distribution, contract logistics, ocean freight, airfreight, customs brokerage and insurance. In 2025, the company delivered an average of 20.8 million packages per day, totaling 5.2 billion packages during the year. It has approximately 460,000 employees, excluding temporary seasonal employees, of which 370,000 are in the U.S. and 90,000 are located internationally. The company has two reporting segments, U.S. Domestic Package and International Package, with its remaining businesses reported as Supply Chain Solutions. The U.S. Domestic Package segment provides time-definite small package delivery services in the U.S., with air and ground package transportation offerings. International Package consists of small package operations in Europe, the Middle East and Africa, Canada and Latin America, and Asia. The company was founded in 1907.

Written from the business description in UNITED PARCEL SERVICE INC's annual report to the U.S. Securities and Exchange Commission, filed 17 February 2026. Every sentence was checked against that document before publication.

Growth
USD 88.7B
Revenue, FY2025 · full 19-year series below
Revenue $B Net income $B
FY2025 · Revenue 88.7 · Net income 5.6
40B80B2007201020132016201920222025
Compound annual growth
−4.0%
+0.9%
+4.3%
+4.0%
−21.6%
+32.9%
+1.4%
+3.5%
−20.8%
+33.6%
+2.1%
+4.6%
+2.6%
−9.3%
+13.1%
+2.3%
+6.5%
3 yrs
5 yrs
10 yrs
15 yrs

Revenue compounded at +0.9% a year over five years — but profit grew faster: net income at +32.9%, earnings per share at +33.6%.

Compound annual rates per period — left blank where that exact year isn't on file, the series crosses a loss, or (per-share rows) a split falls inside the window.

Profitability
6 cents
of every revenue dollar became profit
Operating margin Net margin
FY2025 · Operating 8.9% · Net 6.3%
5%10%2007201020132016201920222025
ROE
FY2025 · ROE 33.8%
200%400%600%2007201020132016201920222025

Each USD of equity produced 34 cents of profit this year.

Cash & shareholders
USD 6.2B
returned in FY2025 · dividends + net buybacks
Free cash flow $B
FY2025 · FCF 4.8
4B8B-2B2007201020132016201920222025
Net buybacks $B Dividends $B
FY2025 · Dividends 5.4 · Net buybacks 0.8
4B8BDividendsNet buybacks2007201020132016201920222025

USD 5.4B in dividends and USD 841.0M in buybacks — 112% of the year's profit, so the payout drew on cash built up earlier.

Total assetsUSD 73.1B
EquityUSD 16.2B
CashUSD 5.9B
Gross debtUSD 24.2B
Net debtUSD 18.3B
Current ratio1.22×

Net debt stands at 113% of equity.

The 19-year record
19 fiscal years
Every figure from documents filed with the SEC · USD
row low → row highnegative
Metric 2025202420232022202120202019201820172016201520142013201220112010200920082007
Revenue $B88.791.191.0100.397.384.674.171.966.661.658.458.255.454.153.149.545.351.549.7
Operating income $B7.98.59.113.112.87.77.87.07.57.77.75.07.01.36.15.63.55.40.6
EBITDA $B10.911.511.913.2··8.0············
Income tax $B1.61.71.93.33.70.51.21.22.21.72.51.62.30.22.02.01.12.00.0
Net income $B5.65.86.711.512.91.34.44.84.93.44.83.04.40.83.83.32.03.00.4
Free cash flow $B4.86.25.19.310.85.02.36.4−3.73.55.13.45.25.15.12.43.75.8−1.7
EPS, diluted $6.566.757.8013.2014.681.545.115.515.613.865.353.284.610.833.843.331.962.940.36
Dividend / sh $6.566.526.486.084.08··············
Payout %97938044272517263567752785226452548974446
ROE %33.834.036.267.9172.968.5141.2238.7701.2238.1210.170.478.613.850.742.827.344.3·

Slide the table for earlier years · "·" marks a figure not available in our data for that year.

Compare

This company against its peers

Provenance
Company facts, as filed
How we verify · 0 failures in 73 reconciliationsAUDITED

Reconciled in 19 of 19 fiscal years. 3 checks could not be computed.

EPS recomputationBalance-sheet identityGross profitBalance-sheet liquiditymoeda_consistente0 failures
ActivityTrucking & Courier Services (No Air)
Listed onNYSE
Incorporated inDelaware
Fiscal year endsDecember 31
Data on record since2007

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